Page 14 - 2019 Retail Info Kit - Your Guide to a Better Retirement Booklet

10 Reverse Mortgage Strategies
The ways people are responsibly using their
reverse mortgages for a better retirement are
virtually unlimited.
We’re here to help. Call us today:
14 www.aag.com
1 Pay off my existing mortgage
to increase cash flow.
Paying off your current mortgage is a reverse
mortgage requirement. By removing your
monthly mortgage payments, your cash
flow increases*.
2 Renovate my home to make it safer
and more enjoyable.
The right home improvements can also help
maintain or even increase the value of your home.
Give my retirement savings accounts
3 more time to grow.
By tapping home equity and leaving your investment
accounts intact, your assets can continue to grow
through the magic of compounding interest.
4 Delay taking my Social Security
for larger payouts later.
Social Security benefits increase by a certain
percentage each year if you delay your retirement
beyond full retirement age. That’s an effective
savings plan.